£102,619
This estimated value is based upon the latest sale price for the house of £76,500 on 4 Jul 2016. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £76,500 | 4 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 sq feet |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in July 2016 the House Price Index for COUNTY DURHAM was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £76,500 results in an estimated price of approximately £102,619.
| 4 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £76,500 | £26,119 | £102,619 |
The Postcode Pricing Model uses changes in average sales price within the DL16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 93.431 % | £71,474 | £147,974 |
| 3 Month Average | 20.898 % | £15,986 | £92,486 |
| 6 Month Average | 2.003 % | £1,532 | £78,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £36,820 | £36,500 | 60 SALVIN STREET |
| 23 Nov 2023 | £75,926 | £73,999 | 1 PEARSON STREET |
| 30 Oct 2023 | £69,069 | £67,500 | 5 BROOM STREET |
| 27 Oct 2023 | £52,697 | £51,500 | 9 FENWICK STREET |
| 28 Sep 2023 | £61,352 | £60,000 | 5 GRAINGER STREET |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 8 Mar 2016. Using an estimated price of £102,620 means this house is valued at £877 per sq meter (£81 per sq foot).
The average size of a house on BROOM STREET is 131 sq meters (1,410 sq feet).
This house is the largest in the street with a floor area of 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broom Street |
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Fenwick Street |
| Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Fenwick Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fenwick Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pearson Street |